BRIEF-Oxford Lane Capital Provides February Net Asset Value Update

Reuters03-07

March 7 (Reuters) - Oxford Lane Capital Corp :

* OXFORD LANE CAPITAL CORP. PROVIDES FEBRUARY NET ASSET VALUE UPDATE

* OXFORD LANE CAPITAL: UNAUDITED ESTIMATE OF RANGE OF NAV PER SHARE OF COMMON STOCK AS OF FEB 29 IS BETWEEN $4.90 - $5.00

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